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Nearly 3,000 people in Badagry Local Government Area of Lagos State benefitted from the latest edition of the Vision First initiative of the Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and…
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The Economic and Financial Crimes Commission (EFCC) has recovered 2.3 million litres of diesel worth about N4.485 billion from a Lagos-based oil company. The diesel was allegedly taken from Prudent Energy and Services Limited and…
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The Dangote Petroleum Refinery and Petrochemicals (DPRP) has secured a US$1 billion underwriting programme ahead of its planned Initial Public Offering (IPO), marking a major step toward broadening investment in one of Africa’s most…
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Nigeria can produce more than twice the cement it consumes, yet prices have climbed to as much as ₦15,000 per bag. The FCCPC is now investigating possible shady deals The Federal Competition and Consumer Protection Commission…
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Oil prices rose on Monday as stalled Iran talks raised concerns over supply disruptions. Brent gained 0.5% to $88.95 a barrel, while WTI rose 0.3% to $82.65. Both gained more than 5% last week. Slower shipping through the Strait of…
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Nigerian businesses remained cautious about current economic conditions in July as high taxation, insecurity and elevated interest rates continued to constrain operations, even as firms expressed stronger optimism about the months…
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Even though this article highlights how production of electricity nearly always depends on water (either for hydropower or to generate steam to drive turbines), this post does not parse how all water is not created equal. We pointed…
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The national leadership of the Host Communities Producing Oil, Gas and Pipeline-Impacted States Youth Council of Nigeria (HOSTCON Youth Council) has urged the management of NNPC Trading Limited to sustain ongoing reforms and uphold…
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Keypoints The Federal Government says it aims to generate and wheel 6,000MW of electricity before December 2026. Current generation is around 5,000MW, while the Transmission Company of Nigeria has about 8,500MW of wheeling…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has explained why Nigeria’s government-owned refineries have continued to struggle despite billions of naira spent on their rehabilitation, blaming the…
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